Here’s what you need to know for Jollibee’s purchase.
What I like about the deal:
1. Coffee Bean has more than 1,000 stores globally
2. Coffee Bean is an amazing brand
3. Coffee Bean is in countries where there is no Jollibee yet
4. Coffee Bean will bring Jollibee closer to its goal of being one of the largest fast food chains in the world.
What I don’t like about the deal:
1. Coffee Bean has lost money in the past two years.
The stock at 251 Pesos is around 20% cheaper the the peak for 2019.
This video will also talk about what the technicals says on Jollibee. Is it oversold, where is the next support, is the stock bearish?
What should you do if you are an investor or a quick trader?
I hope this video helps you and I really do hope if you are not yet investing, I do hope this gets you started on the road of using the stock market to reach your goals of financial freedom!
#StockSmarts #StockInvestingMadeEasy #Jollibee #JFC #StocksByRequest #CoffeeBean
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